© Reuters. FILE PHOTO: A logo of Turkey’s Central Bank is pictured at the entrance of its headquarters in Ankara, Turkey October 15, 2021. REUTERS/Cagla Gurdogan/File Photo By Orhan Coskun, Ezgi Erkoyun and Huseyin Hayatsever ANKARA (Reuters) – Turkey will continue its monetary policy U-turn, which began with a sharp post-election rate hike last month,…
It was a very busy week in the world of fintech, which certainly kept us on our toes. We covered a couple of notable M&A deals (including one of the biggest of the year so far), a different kind of financial services startup aimed at undocumented immigrants, Brex’s official recommitment to the startup community and…
The Dearborn, Mich., electric vehicle maker discontinues a popular model as it prepares to produce a new EV…
Tesla deliveries neared 890,000 over the first six months of the year, just shy of the pace needed for its 1.8 million 2022 target…
Tesla has topped Wall Street delivery estimates in the second quarter of 2023 as the automaker’s many price cuts and the Biden administration’s federal electric vehicle tax credits take effect. The Elon Musk-owned EV-maker reported record global production of 479,000 units and record deliveries of 466,140. That’s up 10% from the 422,875 Tesla EVs delivered…
© Reuters. FILE PHOTO: U.S. Treasury Secretary Janet Yellen speaks during a joint press conference with Kristalina Georgieva, Managing Director of the International Monetary Fund, William Ruto, President of Kenya, French President Emmanuel Macron, and World Bank Pre By David Lawder (Reuters) -U.S. Treasury Secretary Janet Yellen said on Friday that the U.S. economy is…
© Reuters. FILE PHOTO: The offices of Pacific Investment Management Co (PIMCO) are shown in Newport Beach, California August 4, 2015. REUTERS/Mike Blake/File Photo (Reuters) – Pacific Investment Management Co (PIMCO) is preparing for a “harder landing” while top central bank chiefs prepare to continue their campaign of interest rate rises, Daniel Ivascyn, chief investment…
5/5 © Reuters. U.S. President Joe Biden speaks to members of the media as he departs for travel to Chicago from the White House in Washington, U.S. June 28, 2023. REUTERS/Jonathan Ernst 2/5 By Nandita Bose and Trevor Hunnicutt CHICAGO (Reuters) – U.S. President Joe Biden worked to lift Americans’ dour mood about the economy…
As part of our ongoing coverage of VC performance in the first half of 2023, TechCrunch+ surveyed 15 investors about their investment cadence and their plans for the second half of the year. As expected, it appears a good mix of investors wrote checks at the rate they’d aimed for, while others fell a bit…
At least 21,000 Wagner mercenaries have been killed fighting in Ukraine, according to President Volodymyr Zelensky.The Ukrainian leader said the private military company had suffered “enormous losses,” particularly in eastern Ukraine where its “most powerful group” was fighting.“Our troops killed 21,000 Wagnerites in eastern Ukraine alone,” Zelensky told reporters in Kyiv on Saturday, adding that…





